The big wave 3 set up is still ready and waiting....
Whenever the Powers are finished with the "wave 2" downwave...
In a baking News cycle, in an Institutional accumulation zone (4.00),in a manipulated game where Money and wall street trading power can plunge the price down and surge it up and plunge it down again.... This 4 dollar zone, like last time, and other times, is a support launch pad area. But maybe also is the 200ma at 3.45,maybe also is the 3.75 shoulder pivot zone. I don't know if price will get taken down to the next lower targets below 4 dollars. It didn't the last 2 times. It did the 2 times before that.
Resistance steps at 4.50 and 5 dollars have been the primary targets for the wave patterns to bounce around. The 4.20/4.30 support zone where the (daily) 50ma has cut across, had been a good support last time and Fails today.
and look at how the Geometry of Fibonacci captures the whole picture.
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